TriipMiles

Foto lama

For Travel Industry's Problems

About TriipMiles

TriipMiles will facilitate hotel bookings for every tourist, around 227 countries with a total of more than 1,900,345 hotel rooms you can order and you compare. With 6000 authentic local experiences in over 100 countries. TriipMiles will provide attractive hotel comparisons and prices for your start partnerships that have been established with booking.com. the most special of TriipMiles is the commissions that will be generated in each order. Commission you will get in cryptocurrency currency.

TriipMiles is a project developed by Triip Pte. Ltd. which was established in 2014 and already licensed from the Singapore Tourism Board. TriipMiles operates in a very profitable and funded way from 3 venture fund sources: MAP2 Ventures, Gobi Partners SEA and Gaiax Ventures for a total of $ 858,000 USD. Triip has been acknowledged by various tourism boards and won awards and close-knit partnerships. Triip is an active member of the United Nations World Travel Organization (UNWTO) ‘s and a member of the Pacific Asia Travel Association (PATA).

The Problem In The Travel Industry

There are a variety of complex problems encountered in the travel industry, such issues as:

Inefficient inventory approval process and dispute resolution issues.
Inefficient capital incentive process and lots of work and manpower.
The customer acquisition cost is very high.
Customer acquisition depends on intermediaries.
The cost of cross-border payments is quite high.
The payments process takes a signature margin and a long time.

TriipMiles Solution for Travel Industry

There are several solutions provided by TriipMiles for the travel industry issues currently facing. These solutions include:

Aligning Incentives

Travel token TriipMiles P2P will be used by all interested parties such as: Locals, travelers, promoters, reviewers and hotel owners. Reward tokens that can be used for activities within the TriipMiles platform.

Increase Revenue by Lowering Transaction Fees

Transaction fees that will be charged very cheaply and will increase more income for you. Foreign transaction fees will not be found on this TriipMiles platform, without conversion currency. Can save money for guests and hotel owners.

Decentralized and Automatic Without High Cost

TriipMiles is already decentralized and automated with the tour and accommodation quality which is sufficient and will then be published on the original P2P protocol. This will eliminate centralized system intervention.

Majority of Travel Industry Power

In the picture below you can see the majority of power in the travel industry is controlled by several companies that have a lot of data.

Platform Components

Triip Platform is a regular web application that runs on the cloud. It maintains the database of creators, customers, tour information and other information necessary for booking a triip. These data are considered “off-chain” data.

The platform facilitates creation and execution of Smart Contract on Ethereum network between all parties involved including Triip itself.

Once the Contract or DApp is deployed “on-chain” to Ethereum network, the terms and conditions of fulfilment are public and cannot be modified. Triip platform provides Graphical User Interface to allow all parties to interact appropriately with the contracts via ReactJS & Web3.

When all conditions are met, the Contract sends fund it holds to receivers, and trigger blockchain events, for Triip platform to handle miscellaneous following up actions such as email notification and feedback collection.

The following diagram illustrates simplified architecture components of Triip platform:

WHY BLOCKCHAIN IN TRAVEL?

Travel is one of the world’s oldest and longest-lasting industries. As long as there are human beings, there is travel.

Dipping only during times of global economic hardship, the number of international tourist arrivals has increased steadily almost every year. Numbers have more than doubled, with an estimated 1.24 billion arrivals expected in 2016. By 2030, international tourist arrivals are expected to exceed 1.8 billion

Travel and tourism contributed a total of 7.61 trillion US dollars to the global economy in 2016. With a statistic of 1.235 billion global visitors in 2016, 30% are booking tours for their vacation on their own while 70% are using group tours. These target customers are spending US$145 BN on tour bookings per year.

Online tour & attraction gross bookings will more than double from 2015 to 2020, growing from 11% in 2016 to 21% in 2020.

The focus language of current global tourism is in English. Local experts and travellers expected to see expanding of the platform into German, French, Spanish, Chinese, Japanese, and Korean.

However, the blockchain in travel is under-invested. In 2017, there was only US$ 259,000 was invested in travel ICO. But that number is changing in 2018.

TriipMiles/TIIM Token

TOTAL NUMBER OF TOKENS: 500 million TIIM

TOKEN AVAILABLE: 165 million (33%)

NOMINAL PRICE: 1ETH = 8800 TIIM

SOFT CAP: 2500 ETH

HARD CAP: 18750 ETH

TOKEN DISTRIBUTION

33%: Distributed

25%: Community Reserve

17%: Company Reserve

15%: Ecosystem Advocates

10%: Team

USE OF FUNDS FROM FY2019 - FY2023

30.39% Research & Tech Development

24.23% Marketing

21.02% HR, Operation & Infrastructure

22.73% Business Development

1.63% Legal Efforts

ROADMAP

2013

Triip founded

2014

Winner of Regional Startup Arena Battle by TechInAsia
Seedstarsworld 2014 Regional Winner

2015

Digital Innovation Asia Award
World Tourism Forum Innovation Award

2016

Top 40 K-Startup Program 2016
Awarded the Forbes Asia 30 Under 30 (Ha Lam - cofounder)
Intel Women Entrepreneur Award - Apec O2O Summit
Winner APEC O2O Forum I & II
Funded by Gobi Partners
Organized Global Travel Entrepreneur Challenge

2017

Partnered with Booking.com
Organized Malaysia Travel Entrepreneur Challenge
Established the direct flight from Vietnam to Bhutan

Q2 2018

Whitepaper release
Complete ICO website
Private sale
Adding global partnership

Q3 2018

Public sale on Kyber.Network
Re-architect and streamline internal systems
TriipMe supports payment and payout in TIIM
Launch Lifetime referral system based on TIIM tokens
Launch Global Travel Entrepreneur Challenge 2018

Q4 2018

Launch Triip Protocol
Listing on additional exchanges
Recruit city managers in 20 cities
Launch Universal Travel Scoring system
Integrate airport-pickup and car booking in Asia

Q1 2019

Listing on major exchanges
Expansion of UTS to more partners
Launch Global Sustainable Award for hotels and tours

Q2 2019

Launch decentralized approval and arbitration system
Launch P2P referral system

Q3 2019

Launch Global Travel Entrepreneur Challenge 2019
Leverage machine learning capabilities

2020

Launch Triip’s tour operator and hotel management software
Launch Global Travel Entrepreneur Challenge 2020

TEAM

Hai Ho: CO-FOUNDER & CEO

Kent Nguyen: CTO

Paul Wee: CFO

Dr. Yap Kwong Weng: CO-FOUNDER

Jun Ishikawa: EAST ASIA DIRECTOR

Ha Lam: CO-FOUNDER & COO

Stacey Lee: CSO

Hans: TECHNICAL MANAGER

Quan Le: BLOCKCHAIN ENGINEER

Son Doan: BLOCKCHAIN ENGINEER

Tri Vo: GROWTH LEAD

Hang Nguyen: BHUTAN LEAD

Thanh Phan: OPERATION

Kinley: COMMUNITY

More Details:

Website: https://ico.triip.me/

Whitepaper: https://ico.triip.me/TriipMiles-Whitepaper-en.pdf?v=2.1

Telegram: https://web.telegram.org/#/im?p=@triipmilesICO

Facebook: https://web.facebook.com/triip.me?_rdc=1&_rdr

Twitter: https://twitter.com/triipme

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1957113